World Wealth Report

Research on Safe Withdrawal Rates

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World Wealth Report

Post by peteyperson » Sun Aug 17, 2003 4:04 am

I've recently been reading the World Wealth Report for 2002 & 2003. Quite illuminating for differences in asset allocations, use of advisors and general approach.

What is particularly of interest is how the High Net Worth Individuals (HNWI) move their allocations round from year to year and where their money is placed depending on their place of residence. How they managed during good years and bad is interesting analysis of the 7+ million US$ millionares. Should also add some more fuel to the fire on the debate on dividends in place of assets sales and the risks/rewards of a high stock allocation strategy that may go with that.

Merrill Lynch's Mr. Gorman noted:

"In North America, HNWI wealth declined 2.1%, or $200 billion, to $7.4 trillion (7.05 trillion euros) over 2002. There also was a 1.9% decline in the number of HNWIs in North America, down to 2.22 million individuals. Their numbers and wealth was undermined by continued declines in U.S. equities markets. However, the decline in their wealth was substantially less than the 22% drop in the value of the Standard & Poor's 500 index over 2002, indicating that high-net-worth investors had strategies in place for wealth preservation."

World Wealth Report 2003 ... _FINAL.pdf

World Wealth Report 2002 ... report.pdf

World Wealth Report 2001
(requires registration - but if you really want it I'll put it up on my .com website for download) ... asp?ID=241

World Wealth Report 2000 ... t_2000.pdf


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